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Twitter "made 2.5B losses". Yeah ... that's bad ... but not from the perspectives of investors. Jack Dorsey became a billionaire from those losses. The same is
by candiodari 9y ago
Twitter "made 2.5B losses". Yeah ... that's bad ... but not from the perspectives of investors.
Jack Dorsey became a billionaire from those losses. The same is true for probably all other early investors. For an investment in Twitter to have done really badly, there was a "bear" period of about 2 years.
And before you say it, remember that even Google stock dropped 60%, Facebook's 70%. Twitter's drop actually looks pretty reasonable in comparison.
So firstly, I don't think twitter is bad, and secondly, I don't think people have given up on twitter, and thirdly, that seems pretty justified.
- scarface74 9y agoA business model is by definition "bad" if it doesn't make sustainable profits. Of course you have to allow for time, but Twitter isn't a startup.
- candiodari 9y agoWell I would be very happy indeed if I ever make a business for myself 10x as bad as twitter. Wouldn't you ?
- scarface74 9y agoAs a founder - yes, if I could convince VCs to give me enough money to fund a money losing venture long enough to take public to get the market to value my company at a few billion. As an employee who has a job because the company exists? Yes As a retail investor - I wouldn't be quite as happy.